A fourteenth-century Egyptian had sounder monetary theory than modern Europeans

Evidence

‘Doubtless one will note with pleasure that Maqrizi had ideas about true monetary principles which are more correct than many writers in our own century.’ — Robert Irwin, For Lust of Knowing, 260

Categorization

  • CANDY: A fun, self-contained nugget: a medieval Egyptian historian got gold-silver ratios right that modern finance got wrong.
  • SEED: Possible essay angle: what ‘sound money’ debates centuries ago reveal about the unevenness of economic knowledge across civilizations.